Govt partners local investors, entrepreneurs

The State Government has reiterated its readiness to partner and support local investors and entrepreneurs in the State with a view to actualising its policy of industrialisation. The Executive Chairman, Akwa Ibom Investment Corporation (AKICORP), Dr. Elijah Akpan, who gave this indication while playing host to the management of Master Plan Innovative Industries Ltd, a Nylon Waste Recycling establishment in Ikot Ekpene last Wednesday in his office in Uyo, further assured of an enabling environment for investments to thrive.

Dr. Akpan, who was represented by AKICORP Executive Director, Operations, Mr. Imo-Abasi Jacob, described the project as environment-friendly, which is in line with government commitment to create jobs and wealth via industrialisation.
He noted that because the Small and Medium Enterprises (SMEs) is the vehicle that drives any economy, the State government was doing everything possible to encourage its growth.
The AKICORP Boss said government was excited about the project and eager to ensure that it and other SMEs flourish in the State, maintaining that creating jobs for the teeming population is the focus of the administration.
Speaking earlier, the Chairman, Master Plan Innovative Industries Ltd, Pastor Victor Uko-Abasi, had said his company is a Nylon Waste Recycling Plant and a waste to wealth initiative.
In her presentation, the company’s Managing Director, Mrs. Susan Uko-Abasi, said the company create impact, not only in her immediate environ, but the State at large, and noted that the use of polythene as packaging bags was already putting pressure on the sources of raw material to its manufacturers hence the need to recycle as a viable means of sustaining the industry.             
Mrs. Uko-Abasi, who enumerated advantages of the company to include creating direct employment for about 200 youths and women in production, marketing and administration, said many more will be engaged as auxiliary staff in getting pure water sachets, thereby bringing employment capacity to 1,000.
According to her, the problem  associated with poly products waste that have been a source of nightmare to government as they block drainages, thereby, causing floods and erosion, would become a thing of the past while there will be a balance in the ecosystem by the removal of waste that is not environment-friendly and a reduction in crime rate, as most crimes committed are caused by unemployment.